Sunday 23 July 2017

William and Harry regret last 'rushed' call with Diana



Prince Harry and Prince William with Diana, Princess of Wales on 19 April 1992
Prince William and Prince Harry have spoken of their regret that their last conversation with their mother was a "desperately rushed" phone call.
Prince Harry, who was 12 when Princess Diana died, said: "All I do remember is probably regretting for the rest of my life how short the phone call was."
In an ITV documentary to mark 20 years since their mother's death, the princes also spoke of her "fun" parenting.
Diana encouraged them to be "naughty" and smuggled them sweets, they said.
The princes added that she was a "total kid through and through", who understood the "real life outside of palace walls".

New Bill to limit Trump powers over Russia


Leaders of both parties in the US Congress have agreed on legislation that allows fresh sanctions to punish Russia for alleged election meddling.
The new legislation would also sharply limit President Donald Trump's ability to lift any sanctions against Russia.
He has previously said he needs diplomatic leeway with the Kremlin.
Mr Trump's time in office has been dogged by claims that Russia tried to influence last year's US election.
Moscow denies any wrongdoing but several US investigations are looking into whether anyone in the Trump campaign colluded with Russian officials.
Correspondents say the bipartisan agreement indicates determination in Congress to maintain a firm line against Russia, whatever Mr Trump's view.


    The Wisdom in Fifty Economics Classics



                          By Bayo Ogunmupe
        Just published in May, the 50 Economics Classics is the latest in the series of great books distilled into one volume; written by Tom Butler-Bowdon, an accomplished author and literary critic. Previously published volumes in the series include 50 Philosophy Classics; 50 politics Classics; 50 Prosperity Classics and 50 Success Classics. Published by Nicholas Brealey Publishing, London, 50 Economics Classics is your shortcut to the most important ideas on capitalism, finance and the world economy.
        In paperback,it has 50 chapters, 360 pages; seven pages of 50 More Economics Classics for those in need of further inquiry; then two pages of chronological list of titles; three pages of book editions used in researching this book and finally, a page of acknowledgements. The 50 Classics series has sold over 300,000 copies. This Economics volume is the smart person's guide to two centuries of conversation on the global economy.
        From Adam Smith's Wealth of Nations to Thomas Piketty's best selling Capital in the Twenty First century, here are the great bards, seminal ideas and    texts clarified and illuminated for all. This book is all the more relevant, coming as it did in Nigeria's period of economic turmoil and depression. Economics may drive the modern world but sadly, we lack the knowledge of the ideas, thinkers and writings which constitute the discipline.
        Spanning 50 books, hundreds of ideas and two centuries in time, 50 Economics Classics is an enquirer's guide to the global economy; taking you on a journey from the Industrial Revolution to the second machine age of the internet  and artificial intelligence. This is neither a history nor an encyclopedia of economics. This is only a guide to the great thinkers and their seminal ideas old and new.
        When in 1765, Edmund Burke (1729- 1797) said: "The age of Chivalry is gone; that of sophisters, economists and calculators has succeeded," he was right that economics, finance and money  are at the heart of modern civilization; in the way honor, chivalry and religion were to the Middle Ages. If in the past, a person's fate was settled by the social circumstances of his birth, today each of us is at the mercy of economics, for we must produce things of market value if we are to survive and thrive. "All your life," Economist Paul Samuelson said, "from cradle to grave and beyond- you will run up against the brutal truths of economics."
        The importance of economics is that it is at the root of human prosperity. If voting gives freedom and power in theory; in practice it means little if we cannot even sustain ourselves and our families. Which is why cracking the code of economic prosperity for a person, firm or nation is crucial to peace and well-being of the people. Fifty Economics Classics gives you the knowledge to make you prosperous as a person or nation. John Maynard Keynes, the creator of the Keynesian economic superstructure, thought economics was built so we could enjoy the good things in life.
        To Keynes, this was only possible with a stable and growing economy in which the damaging cycles of boom and bust were ironed out. Economists, Keynes said, are the trustees, not of civilization but of the possibility of civilization. The economist Hyman Minsky warned that, unless it is well regulated, capitalism will eventually go to extremes and produce instability. He went on to say that only an economics that is critical of capitalism can be a guide to successful policy making. Until economic policy stops being a tool for one group's advantage, it will be hard for capitalism to fully realize its goal of increasing the well-being of all.
        This book by Tom Butler-Bowdon is a terrific compendium of the greatest books ever written on finance, economics and prosperity from famous classics to the hidden; distilled to the point of poignant clarity. Tom was the one who announced to the world in 50 Prosperity Classics the arrival of Donald Trump on the world stage as the 47th greatest thinker on prosperity. And by his victory as the 45th president of the United States Trump validated Tom's foresight.
        The only African writer on the pack is Liaquat Ahamed, author of The Lords of Finance. In 2010, the chairman of the US Federal Reserve Bank, Ben Bernanke, was asked by the Financial Crisis Inquiry Commission what books he would recommend to understand the crisis. He mentioned just one, Lords of Finance, a work of economic history which won the Pulitzer prize in the same year.
        Then Federal Reserve Bank's investment adviser, Liaquat Ahamed first had the idea for his book when reading a 1999 Time magazine story on the Committee to save the World and its successful efforts of Alan Greenspan, then Federal Reserve Bank chairman to stave off the Asian financial crisis, which threatened to bring down the global economy. 
        In a nutshell, Lords of Finance says, fixed ideas in economics can have disastrous results. The world hung onto the gold standard long after it had stopped being a means of creating stability and growth in the world. Born in Kenya, Ahamed studied economics in Cambridge, UK and Harvard, United States. He became economist to the World Bank before becoming the chief executive of a New York firm of economists.
    For the author, Butler-Bowdon is most  notable for the 50 Classics series, which provide key commentaries on the world of knowledge. An Australian by birth, Tom, Acting President of Nigeria Yemi Osinbajo and I did graduate work at the London School of Economics. While Tom researched on public policy, Yemi did his own in the law of evidence and i did mine in public finance. Tom gained experience while advising various Australian prime ministers. It was in the course of his job that he discovered the need for the Classics series. He sent me the book shortly before it was published last May. I recommend the book for the Aso Villa economic management group.

    Never too late to be great



                                By Bayo Ogunmupe
        This title was taken from the best selling book of my friend, Tom Butler-Bowdon. The book is titled: Why it's never too late to be great. There are three main freedoms linked to achieving greatness in life. They are, one, bravery: fear holds us back. It prevents us from becoming the person we were destined to be. The key to freeing yourself from fear is knowledge. Knowledge dispels fear. If we have the right kind of knowledge,  we can change our outlook from fear, to one of fearlessness.
        You can improve your karma through helping others. Another key to rising from your limitations of our ever changing environment is physically leaving your environment; since we may be redeemed from service rather than striving to become environment compliant or carrying the negative state of mind. Note that fearlessness should never be confused with foolishness or foolhardiness. There is nothing fearful about taking good care of yourself or taking necessary steps and precautions about your safety and well-beig. Bravery could in fact hardly be more different from being foolhardy- being, as it is, a key step on the path of wisdom.
        Two, love is much more than the emotion which many people think of as love. It is described by the angels as the natural energy, greater than the mind. Moreover, it is the state of man's whole being. We cannot experience this kind of love as ordinary mortals; this is love at its highest sense- until we have a degree of bravery, and as this love grows; it will in turn spur us onwards to ever greater degrees of bravery; gaining greater courage to help others.
        The third freedom is service. Service is described as love in action. If we have real, deep and genuine love for others, we will want to help them. And if we really want to help others, we will get the opportunity to do so. Service also requires bravery; of course, service is indeed the best possible application of bravery. And the more service you perform, the better your karma will be; which will in turn make you braver still. Also it will give you greater understanding of, and mastery of the wonderful power of love.
        These three freedoms lead to the fourth, the freedom of enlightenment. They empower you to attain your heart's desire at any stage of your earthly existence. These freedoms empowered Donald Trump at 70 years, to become the oldest and richest person to ever become the president of the United States of America. "Do not be conformed to this world, but be transformed by the renewing of your mind," Romans 12:2. Sometimes we try to excuse our negativity by saying, "It was just a thought, it didn't mean anything."
          But thoughts matter. Thought is the seed of action. A wrong thought left to roam around your mind can take root and grow into what the Bible calls a "stronghold." And when a thought becomes that strong, it begins to control your outlook, your attitude, your mindset and your actions. Where the mind goes, the man follows. You are never too old to be great. So never allow yourself to think negatively, for as a man thinketh in his heart, so is he. Negative thinking prepares you for defeat. Devote yourself to a calling. Donald Trump, 47th world greatest prosperity thinker in the world thought politicians mismanaged America. He believed politicians deliberately caused poverty in America so as to make themselves indispensable. So instead of voting money for charity, he used his money to fight poverty by going into politics. William Wilberforce did the same thing. He devoted himself seeing slavery eradicated in Britain. So discover and follow your calling. It is never too late to be great.

    Thursday 6 July 2017

    Creating and manifesting your vision


                        
                              By Bayo Ogunmupe
        As we approach the halfway point of this year 2017, it is a great opportunity to evaluate progress toward your goals and your vision. Are you clear on what you actually want to accomplish this year?  Try putting all your energy into it. Try taking the right steps to create  and manifest your goals into reality. Taking action is the lodestar of any achievement.
        First of all, you must be clear on what you want to achieve.  The clearer you are about what it is you  want, the easier you will be able to achieve it. If you are not sure what it is you want, think about what could boost your self esteem as the goal of your vision. Research has proven that those who write down their goals are more likely to achieve them. Write down what you want to achieve, how you want to act and what you need to do in order to make it happen.
        Then, you prioritize to get things done. It is easy to squander your time and energy across multiple projects. It is wrong to multitask, for best results, prioritize what you want to achieve: in order from most to least important. Then, throughout the year, ensure that your energy and focus is on those goals at the top of your list.
          Create a vision, use images that represent your cherished ambition, enhance your winning skill by creating your vision board or mastermind group. Ensure that your image makes you feel connected to your vision, so rather than using literal images, you are using ones that give you the feeling you want to create. Place your vision where you will see it everyday. And take the time to visualize yourself doing and achieving all that you imagine.
        However, taking action is the ultimate force. As much as the Almighty, the angels and the spirits of your ancestors are ready to work with you to manifest your goal; you cannot rely on yourself alone to get the job done. When you take action, you increase the momentum towards what you desire, which allows the angels to orchestrate even better outcomes or results for you.
        And believing in yourself is crucial to your success. This is one of the most important things you can do. By confidently believing in yourself; you are capable of achieving whatever you put your heart and mind to. Remember that the more you believe, the more you achieve.  What can hold you back is the one lie we learned when we were younger.
        This lie many of us still hold on to until the bitter end. The idea of starting all over  being a bad thing is baked right into the fabric of our society and its educational system. We send our children to the university at 18; telling them to choose the career they will be happy with for the next 40 years. In most cases they choose wrongly.
        Over the years however, through bouts of hardship and failure you learn the truth through experience. Then you change, sometimes you start all over again. You have learned your lessons. You can always change paths anytime you want to. Indeed, starting all over again is always feasible. And often it is a pretty darn good choice too. This is better than being stuck with a lifelong career you naively chose when you were a teenager.
        The truth is no one wins a game of chess by one only moving forward. Sometimes you have to move backward to put yourself in a position to win. This is a perfect metaphor for life. Sometimes when it feels  like you are running into one dead end after another. Actually, this is a sign you are not on the right path.
          Maybe, you were meant to hang a left back when you took a right. Life gradually teaches you that U turns are allowed. So turn around when you must. There is a big difference between giving up and starting over in the right direction. There are three words that can release you from your past mistakes and regrets; and get you back on track. These words are: "From now on..." So from now on what should you do? 
        It is anything no matter how small. As long as you are not just sitting idle, strapped down to a destiny that isn't yours. If you mess it up, start all over again. Try something else. Let go of the past, grow into a new order. One of the hardest lessons in life is letting go. But letting go is the healthiest path forward.
          Letting go clears out toxic thoughts. It paves the way to your making the most positive use of the present. You have to emotionally free yourself from the things that once meant a lot to you, so you can move beyond the past and the pain it brings you. Then you refocus and move forward to gain your goals in life. Letting go is changing your attitude about your past and present goals. Thinking better takes guidance and practice. Which is why thinking smart, thinking creatively are the hallmarks of creative problem solving.

    Adventures in university governance


                                By Bayo Ogunmupe
        'I smell a rat, Adventures in University Governance' is the title of Professor Biyi Afonja's book on his experience as a university teacher  and administrator. Written in a lucid and captivating language, 'I smell a rat' chronicles the pro-chancellor's exciting experience in the governance of three universities: the Obafemi Awolowo University, the University of Ibadan and Olabisi Onabanjo University. Afonja's stint as Commissioner of Education in Western Nigeria provided him with useful enlightenment on nigeria's educational system.
        Apart from being the chair of the governing council of Tai Solarin College of Education (now Tai Solarin University of Education) Afonja had also functioned as the pro-chancellor and chairman of Olabisi Onabanjo University. The richness of diversity of his experience in educational management  is without parallel among Nigerian educators of his time. The breath and intimacy of his experience were helpful in coping with the challenges of leadership which ultimately faced kindred tertiary institutions in Nigeria.
        In his award winning book: In His hands, The Autobiography of a nigerian Village Boy, published in 2005, Professor Afonja said that "The story of my service as chairman of the Ogun State College of Education and as Pro-chancellor and chairman of Council of Olabisi Onabanjo University will, by God's grace, be told in a separate publication on my contributions to the governance of higher institutions in Nigeria." I smell a rat was written in fulfillment of that promise. This book is a case study in education administration in Nigeria. Which was why he tried to back up his statements in it with  incontrovertible documentary evidence.
        Adventures in University governance is in paperback, has 348 pages; 67 pages of appendices and nine pages of index. It has 12 chapters. Afonja's unforgettable experiences as a lecturer at the University of Ife, as OAU was called then, made fascinating reading. In 1963, the Midwestern Region was created from Western Region. Following the restructuring of Nigeria from four regions to a twelve state system in 1975, each region was split into several states. That made regional universities to be taken over by the federal government. 
        The name of the University of Northern Nigeria was changed to Ahmadu Bello University- in honour of Sir Ahmadu Bello, the first premier of Northern Nigeria. Ife, Nsukka retained their founding names. It was in 1987 that Ife was changed to Obafemi Awolowo University following the death of Chief Obafemi Awolowo, the first premier of Western Nigeria. Further restructuring took place leading in 1996 to Nigeria's  present day 36 states. The then Western state was split into the present five states of Ekiti, Ogun, Ondo, Osun and Oyo.
        Right now, nigeria has two categories of universities namely, public universities and private universities. Public universities are those owned by the states and the federal government. Federal universities are those acquired by it from the regions in the 1970s and those it has built since then. Going by the rate universities are being created, their numbers by the end of the new millennium would be in hundreds. As at March 2016, there are 141 universities in Nigeria, made up of 40 federal, 40 state and 61 private universities.
        At the top of public university governance is the Visitor who is the founder or proprietor. At federal universities the Visitor is the President. In the case of a state university, the visitor is the Governor of the state. As the chief security officer of the university, the power of the visitor is limitless. The decisions of the visitor are binding and can only be challenged in a law court. In private universities, the Board Of Trustees (BOT) acts in most policy matters on behalf of the proprietor. The president of the board and other members are appointed by the proprietor.
        In governance hierarchy the BOT lies between the University Council and the Proprietor. While most universities in Nigeria use Vice Chancellor for  the chief executive, some private universities use President as its title like in American universities. The senate comprising professors constitute the academic soul of the university. It handles every matter pertaining to the academic activities of the university.
        Afonja's adventure into university governance started at Unife where he was elected into the senate in 1971 and into the Council in 1973. Both the senate and the Council are the topmost organs of the university. According to Afonja, Obafemi Awolowo University was founded via a memorandum presented to the Executive Council of Western Region on 24 October, 1960 by Chief Samuel Ladoke Akintola, the premier. In the memorandum Akintola suggested "that the university be sited at or near Ife, that its name be Ife University, Nigeria." The university was formally established in 1962. It later excelled in law, pharmacy and agriculture.
        This book's author, Biyi Afonja joined OAU as a lecturer in the Faculty of Agriculture in 1966, coming from the Federal Department of Agricultural Research, Moor Plantation, Ibadan where he was senior research officer. Hardly had he settled down at Ife than he was headlong drawn into the university politics whereby he was elected into the university senate by the Congregation of the university. He contested in order to achieve his personal goal of the 3Ls; of what a university ought to be: a place of Light; of Liberty, and of Learning; as was prescribed by the former British prime minister, Benjamin Disraeli.
        Afonja's unforgettable experience at OAU senate was chronicled in his autobiography. thereafter, he settled into the monthly senate meetings lasting into ten gruelling hours. He found the exposure most helpful in his later assignment as the pro-chancellor and the chairman of the Council, Ogun State University, now Olabisi Onabanjo University. Luckily, just before the expiration of his 2 year term as a member of senate, he was rewarded with a promotion to the university council the highest level of university governance. Afonja's tenure as a member of OAU Council was abruptly terminated by his appointment as the Commissioner for Education, Western Nigeria i September 1973.
          He stayed for only 18 months as Commissioner. His tenure gave him further insight into policy formulation and implementation. For example, it was at that time government was cancelling the two year Higher School Certificate (HSC) system. The course was transferred to a one year course at the Ibadan Polytechnic, which was to prepare students for entry into the University of Ife. However, the Polytechnic, the OAU, the teachers' unions; the parents' associations; and the proprietors have to agree.
        Government directed the institutions to work out the modalities. But the stakeholders disagreed with the policy. It turned out that Afonja had to implement a policy opposed by the proprietors, his officials, the religious bodies and the unions. Afonja refused to budge knowing fully well the stand of the governor and his own conviction that their  decision was right. For being offered a readership by the University of Ibadan, Afonja left the cabinet of Brigadier Oluwole Rotimi in 1974.
        For returning to academics instead of clinging to the more luscious public office as commissioner, Afonja was named guest of honour at Premier Hotel, Ibadan by the Conference of Principals  in May 1975. He returned to teaching as Acting Head of the Department of Statistics, University of Ibadan. Thereafter, he became chairman of council, Tai Solarin College of Education in Ogun State. His divinely inspired  forebodings were helpful in coping with the challenges of leadership in the institutions he chaired. Moreover, his experience was a facilitating factor informing his decision to voluntarily quit the stage at various times during his public service.
        Events following his exits were suggestive of having had a sniff of something in the air, which gave rise to 'I smell a rat' as being part of the title of this book. Biyi Afonja is a retired professor of statistics. he was educated at Government College Ibadan; the University of Ibadan, the university of Aberdeen, Scotland and the University of Wisconsin,USA. He is a fellow and past president of Nigerian Statistical Association. He was also pro-chancellor and chairman of council, Olabisi Onabanjo University. He was once the chairman of the Committee of Pro-Chancellors of State Universities  in Nigeria. Married with children, Afonja is glowing in a graceful old age at his home, Ogun state.

    NIGERIAN FEDERALIST TEAM

    CHIEF EXECUTIVE/EDITOR IN CHIEF
    Chief Bayo Ogunmupe,

    DIRECTORS
    Adeyemi Oyebanjo;
    Tayo Ajetunmobi;
    Sarah Odede;

    WEB CONTENT EXECUTIVE
    Olayemi Olakitan

    CORRESPONDENTS; Seun Dada, Taiwo Moshood- (Abuja); Sola Oyedeji, Tunde Alabi-(Ibadan); Alade Akinleye, Sunday Aikulola, Banji Ojewale, Kehinde Akintola, -(Lagos).

    Nigerian Federalist is published by Dale Mesmer and Company Limited, Lagos, Nigeria. Email:nigerianfederalist@gmail.com; 2348183789125(texts only)

    EDITORIAL BOARD
    Lasun Yusuf, MHR
    James Faleke, MHR
    Dino Melaye, 
    Kayode Samuel,
    Adegbenro Adebanjo,
    Shamsudeen Amali
    Christian Ukata
    Edwin Madunagu
    Biodun Layonu, SAN
    Abiodun Owonikoko, SAN

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